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Bayerische Motoren Werke AG German for Bavarian Motor Functions, usually known under it is abbreviation BMW, is a German luxurious vehicles, motorcycle, and engine manufacturing corporation founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars and is particularly the parent company associated with Rolls-Royce Motor Cars. BMW produces motorcycles underneath BMW Motorrad, and plug-in electric cars beneath the BMW i sub-brand plus the "iPerformance" model designation from the regular BMW lineup. It is one on the best-selling luxury automakers on the globe. The company is an element of the Euro Stoxx 50 wall street game index.BMW was established to be a business entity following a restructuring of the Rapp Motorenwerke aircraft making firm in 1917. After the end regarding World War I with 1918, BMW was forced for you to cease aircraft-engine production because of the terms of the Versailles Armistice Treaty. The company consequently moved to motorcycle production because the restrictions of the treaty grew to become lifted in 1923, followed by automobiles inside 1928-29.The first car which often BMW successfully produced and also the car which launched BMW on the road to automobile production was the particular Dixi, based on the Austin tx 7 and licensed on the Austin Motor Company in Birmingham, England.

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BMW's 1st significant aircraft engine, and commercial product connected with any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good gas economy and high-altitude functionality. With German rearmament within the 1930s, the company again began producing aircraft engines to the Luftwaffe. The factory in Munich made ample utilization of forced labour: foreign civilians, prisoners of war and inmates from the concentration camp Dachau. Among its successful Globe War II engine designs were the BMW 132 in addition to BMW 801 air-cooled radial engines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was tested as a prime power plant in the first prototype of this Messerschmitt Me 262, the Me 262 V1, but in 1942 assessments the BMW prototype machines failed on takeoff along with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used the greater developed version of the actual 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown have been the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's trustworthiness improved, making it a suitable power plant for fresh air frame designs competing to the Jägernotprogramm's light fighter manufacturing contract. which was won by the Heinkel He 162 Spatz pattern. The BMW 003 aviation turbojet was also into consideration as the basic starting place for a pioneering turboshaft powerplant regarding German armored fighting autos in 1944-45, as the GT info. Towards the end in the Third Reich, BMW developed some military aircraft projects for your Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber plus the BMW Strahljäger, but none of these individuals were built.

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BMW 3-Series (F30)In 1992, BMW acquired a large stake in California-based commercial design studio DesignworksUSA, which they fully acquired in 1995. In 1994, BMW bought the British isles Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands and also the rights to defunct brand names including Austin and Morris), and owned it regarding six years. By 2000, Rover was incurring enormous losses and BMW thought i would sell the combine. The MG and Rover brands were sold towards the Phoenix Consortium to form MG Rover, while Land Rover was absorbed by Ford. BMW, meanwhile, retained the rights to build the new Mini, which was launched throughout 2001.

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Fundamental designer Chris Bangle released his departure from BMW throughout February 2009, after serving on the design team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand person. Bangle was known pertaining to his radical designs such as 2002 7-Series and your 2002 Z4. In July 2007, the production rights intended for Husqvarna Motorcycles was purchased by BMW for just a reported 93 million pounds. BMW Motorrad plans to carry on operating Husqvarna Motorcycles being a separate enterprise. All development, sales and production pursuits, as well as the current workforce, have remained in place at its present spot at Varese.In June 2012, BMW was listed because #1 most reputable company on the planet by Forbes.com. Rankings are based upon aspects such as "people's willingness to buy, recommend, work for, and invest in a company is driven 60% by their perceptions of the company and only 40% by their perceptions of their products.".

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